News for hackers. Stuff that matters.
Re:The Cost of Free Doughnuts: 70 Years of Regret by 1123581321 on Thursday May 07, 2020 @08:41PM (#23110110)
You would need to pay quite a bit more to make this viable for most publications. The ballpark formula is the issue price divided by the number of articles the average reader wants to read enough to pay anything. For example, a WSJ is $4, so if readers wanted to read ten articles, they should charge 40-50 cents for them.

A more realistic price might be $1-2/article since the median reader won’t be that interested. Pricing schemes that increase the total reading cost on a log curve can be imagined.

Of course we dream of a micropayments system fluid enough that people start consuming 10-100x the content so the price per piece can go down accordingly, but that is unlikely since there isn’t that much free time. A first mover might accumulate a lot of new readers, but that would eventually even out.

Re:The Cost of Free Doughnuts: 70 Years of Regret by user5994461 on Friday May 08, 2020 @08:15AM (#23113913)
The price needs to be at or below $0.09 for people to just unlock the news and read on, no thinking.

An online newspapers might make $3 per thousand views, plastering ads everywhere and maybe videos. That means they survive with way less than 1 penny per view. They have no excuse to try to charge orders of magnitude more.

Re:The Cost of Free Doughnuts: 70 Years of Regret by MaxBarraclough on Friday May 08, 2020 @03:15PM (#23118349)
Not all online news sites are the same. The New York Times does real journalism, which takes real resources. I'm not convinced that they can be sustained on advertising dollars.

> They have no excuse to try to charge orders of magnitude more.

But that's just what you proposed. $0.09 is over an order of magnitude greater than $0.003. That pricepoint would still be fine - far less than the price of a coffee.

Re:The Cost of Free Doughnuts: 70 Years of Regret by MaxBarraclough on Friday May 08, 2020 @06:45AM (#23113311)
I'm thinking of what happens when HackerNews links to a New York Times article. People hit the paywall, so someone posts a workaround. NYT get $0.

If there were an extremely convenient way to pay a few pennies for access (a price low enough that I wouldn't think twice), they'd be making something, at least. I'm not about to go through the hassle and cost of subscribing for a month, to access a single article, and neither is anyone else here.

I understand that this 'one shot' model isn't necessarily representative of how their website is generally used, of course.

> a WSJ is $4, so if readers wanted to read ten articles, they should charge 40-50 cents for them.

For a physical copy.

Disregarding current promotional prices, The Guardian charge £12/month for a digital subscription. New York Times is £8 for 4 weeks. Not sure how many articles the typical reader gets through though, or how that should inform our thinking here.